ASA Gold and Precious Metals Ltd C.ASA

Primary Symbol: ASA

Metals & Mining Industrial Metals & Minerals

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.

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ASA Gold and Precious Metals Ltd > Valens Company Receives License Amendment To Sell Dried Cann

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Comment by KelownaClownon Feb 12, 2021 7:52am

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Post# 32549933

RE:Valens Company Receives License Amendment To Sell Dried Cann

Yeah, I noticed in one of their recent operatonal update, they mentioned "pre-rolls", and I went, wtf, why do they want to get into the business of selling pre-rolls??

Then they say "this licence amendment allows The Valens Company to distribute next generation dried cannabis derivative products across Canada". What's a next-gen dried cannabis derivative? Hash, crumble, shatter?

I thought they were already producing and selling that stuff... but maybe they were only producing those products for their licensed customers, and now they can sell the same stuff directly to retailers under the Valens label?

Yeah, that must be it. And with their lowest-cost operating model, by cutting out the middle-man, they'll be able to offer a combination of price and quality that will be hard to beat.

OK then, I like this announcement.

AwareInvestor wrote:
Whereas most cannabis-related firms appear to be moving away from dried flower products, The Valens Company appears to be working in reverse. The company this morning announced that it has received an amendment to its sales license, enabling the sale of certain dried flower products.

https://thedeepdive.ca/valens-company-receives-license-amendment-to-sell-dried-cannabis-products/